US State Department cleared $83.5 billion in foreign military sales in FY20
WASHINGTON — The U.S. State Department cleared $83.5 billion in Foreign Military Sales cases in fiscal 2020, the highest annual total of FMS notifications since the start of the Trump administration.
The dollar total — spread over 68 FMS cases notified to Congress — represent an increase of roughly $15 billion over FY19 figures. However, that dollar figure comes with a number of caveats that will lower the overall dollar figure of actual sales when negotiations are complete.
FMS notification figures represent potential arms sales that the State Department internally cleared, then passed to Congress through the Defense Security Cooperation Agency. The notifications do not represent final sales; if Congress does not reject the potential sale, it then goes into negotiations, during which dollar figures and quantities of equipment can change.
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However, while not solid dollars, notifications are a notable way of tracking interest in American arms from foreign partners, and are seen as a leading indicator of final sales to come.
Geographically, the Pacific region led the way with 25 requests totaling $44.1 billion in potential sales. Following that was Europe with 20 requests totaling $21.1 billion; the Middle East with 14 cases totaling $11.5 billion; and Africa with five cases totaling $5.1 billion. Central and South America (three cases) and Canada (one case) each totaled less than $1 billion.
July was the busiest month, with 15 announcements worth $32.5 billion, followed by September with nine announcements worth $17.4 billion. Japan was the largest single customer, with five cases worth an estimated $27.9 billion. The second-highest dollar total for one nation was Switzerland — which leads to the biggest caveat from these numbers.
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